Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s (M&M) wholly owned subsidiary -- Mahindra First Choice Wheels (MFCWL) -- multi-brand certified used car company, has set a target to increase its number of outlets to around 1,800-2,000 by 2020 from the current around 515. Moreover, the company is open for strategic investors.

At the end of March 31, 2015 the company had around 500 outlets across the country and it is now increased to 515. In 2015-16, the company has set a target to add 200 outlets across the country.

Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.